You read it correct- Prop 63, the first famous “Tax the Rich” proposition.
Proposition 63, passed by California voters in 2004, has been hailed by mental health advocates as an irreplaceable source of funding, while facing persistent criticism about oversight.
Rose King, a political consultant who helped craft Proposition 63, said that before the state starts spending money on housing construction, it should repair a mental health system that she said fails to reach many Californians who need it.
“We totally oppose this,” she said.
Senate Democrats estimate annual debt service on a $2 billion bond would require about $130 million of about $1.8 billion in annual Proposition 63 revenue.
In addition to the $2 billion bond, de León, D-Los Angeles, said he will push for $200 million out of the general fund budget over four years to provide rent subsidies for homeless people. He will also seek to increase in the Supplemental Security Income/State Supplementary Payment grants that help low-income seniors and people with disabilities. The measure would not have to go on the ballot, but would be part of the budget negotiations with Brown.
John Moorlach knows that Government-Sponsored programs for the homeless do not work as well as private programs. He should have seen as such from his perch atop all the serfs of Orange County.
The basis of this post is linked here: http://www.sacbee.com/news/state/california/article53032930.html#storylink=cpy